New FPA award recognises use of technology



The Financial Planning Association (FPA) has introduced a new award category to its annual financial planning awards – The FPA Advice Innovation Award which is aimed at recognising advisers who use technology and digital delivery.
The organisation announced the new category at the same time as launching its 2020 awards.
FPA chief executive, Dante De Gori clamed the 2020 awards would be more significant because of the challenges and disruptions currently being experienced by financial planners and their clients.
“2020 is unfolding as the most challenging year in decades,” he said. “FPA members are playing a critical role in supporting their clients and the broader community with advice as many Australians find themselves in a financial situation they have never experienced before.”
Recommended for you
The corporate regulator has cancelled the AFSL of a Perth advice firm with the firm having previously seen its licence temporarily suspended in 2020.
Having proposed changes earlier this year, ASIC has clarified how it will support licensees with additional relief under the reportable situations regime.
AMP has partnered with BlackRock and research house Lonsec to provide a model portfolio capability on its North platform that offers “portfolio customisation at scale” to advice practices of all sizes.
Money Management rounds up actions ASIC took against advice individuals in the first half for FY25 from exam falsifications to dishonest conduct.